Real GDP is nominal GDP divided by the Consumer Price Index

Which of the following distinguishes corporations from the other forms of business organization?

a. Corporations can issue stock. b. Corporations are permitted to operate in other countries. c. Corporations can produce more than one product. d. Corporations can offer both products and services. e. Corporations are subject to unlimited liability.

Which form of business organization creates a separate legal being?

a. partnerships and proprietorships b. only proprietorships c. only partnerships d. only corporations e. corporations and partnerships